Financial Procurement Intern

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Date: 27-Jul-2022

Location: Saint-Bruno-de-Montarville, QC, Canada

Company: Alstom

Req ID:335122 

Leading societies to a low carbon future, Alstom develops and markets mobility solutions that provide the sustainable foundations for the future of transportation. Our product portfolio ranges from high-speed trains, metros, monorail, and trams to integrated systems, customised services, infrastructure, signalling and digital mobility solutions. Joining us means joining a caring, responsible, and innovative company where more than 70,000 people lead the way to greener and smarter mobility, worldwide

Financial Procurement Intern

YOUR INTERNSHIP OBJECTIVES 

 

  • Co-pilot to project managers/ specifically project procurement manager (PPM) to ensure focus on the achievement of the financial goals of the project material budget. Provides all required financial information about the project’s material;
  • Support project managers in various decision making related to material purchase (such as: Buy America Act, Bid, escalation assessment).  Monthly monitoring & support the material budget evolution process, support planning activities, support risk and opportunities management, and ensure that company accounting guidelines are respected;
  • Acts as the point of contact for financial issues relating to the specific material budget;
  • Proactively follow and challenge financial impact of risks and opportunities with regular follow ups on action plans. 

 

YOUR RESPONSIBILITIES 

 

1

Project Material calculations

  • Ensure alignment TAC approved and proposed. Ensure that material costs are aligned and integrated at appropriate time.    Prepare action items to close the gap;
  • Updating Budget and Forecast figures of the project in Global FORE.  Maintain detailed material budget file and ensure alignment with Global FORE;
  • Review and Analysis of Estimated-at-completion calculation of the project material for Budget, Forecast and Actual in Global FORE;
  • Month end review between Budget, Forecast and Actual figures including risks & opportunities.

 

30

 

%

2

Project material reporting

  • Perform on a quarterly basis TAC file.  Overview BI data of the material file upload;
  • Prepare and present the TAC proposed from PPM review’s to Core team reviews;
  • Make financial situation transparent to the PPM as well as the Core team;
  • Lead and support PPM and Core Team in meetings to improve their targets / mitigate risks;
  • Challenge the PPM/ Core team to assure project’s material budget is respected.

 

30

 

%

3

Accounting Specific responsibilities

  • Hedging activities in cooperation with the project controllers;
  • Assessment of financial impact of various procurement strategies;
  • Validation of escalation and surcharge invoices;
  • Ensure interco PO-SO is aligned Global FORE vs Material file;
  • Support on cost assessment on change orders.

 

10

 

%

4

Specific responsibilities to PPM, Project controllers and other Project Core Team members

  • Keep continuously updated on financial situation of project’s material and upcoming risks & opportunities on a biweekly basis;
  • Build and maintain successful cross functional relationships;
  • Assessment of financial impact of various procurement strategies;
  • Challenge/validate the purchase approvals;
  • Support during Buy America Act Audits;
  • Support cost assessment on Bids.

 

30

%

 

YOUR PROFILE

 

  • You are an undergraduate or Master-level student in a Finance program; 
  • You have good project management and creative thinking skills;
  • Must be able to always see the big picture whilst in depth understanding of the project;
  • You must be able to apply your analytical skills beyond the traditional functions of finance and to bring them to operational business conversations; 
  • Able to make presentations to senior management teams;
  • Ability to listen, interpret, influence, negotiate, inspire and challenge are essential for this role.

 

If you’re looking for a company with a strong purpose and the ambition to play a role in climate change by leading the way to greener and smarter mobility, if you are ambitious and would like to embark on a challenging, global journey, and if you have a certain sense of entrepreneurship:  

Join us and help us create a better tomorrow !

 

Alstom is the leading company in the mobility sector, solving the most interesting challenges for tomorrow’s mobility. That’s why we value inquisitive and innovative people who are passionate about working together to reinvent mobility, making it smarter and more sustainable. Day after day, we are building an agile, inclusive and responsible culture, where a diverse group of people are offered opportunities to learn, grow and advance in their careers, with options across functions and geographic locations. Are you ready to join a truly international community of great people on a challenging journey with a tangible impact and purpose?  

 

Equal opportunity statement:
Alstom is an equal opportunity employer committed to creating an inclusive working environment where all our employees are encouraged to reach their full potential, and individual differences are valued and respected.  All qualified applicants are considered for employment without regard to race, colour, religion, gender, sexual orientation, gender identity, age, national origin, disability status, or any other characteristic protected by local law. 

 

 

 

 

Job Type:​Internship/Apprenticeship​


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